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Jan- 2023 -25 JanuaryNews
Verification Mission to assess Somalia’s readiness to join EAC launched
KAMPALA-The East African Community [EAC] today officially launched the Verification Mission to assess the Federal Republic of Somalia’s readiness to join the Community. The verification team comprising experts from the EAC Partner…
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25 JanuaryFinance & Banking
“We have terribly missed him” BoU boss wails in tribute to Late Prof. Tumusiime-Mutebile
KAMPALA-Staff at the Bank of Uganda [BoU] still miss former governor, the Late Prof. Emmanuel Tumusiime-Mutebile who died on January 23, 2022, according to the institution’s deputy governor Michael Ating-Ego. Atingi who…
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25 JanuaryNews
Fort Portal City grappling with Shs 10bln debt
FORT PORTAL – Fort Portal City is currently struggling to pay a debt of about Shs 10 billion as compensation for damages arising out of about 60 court cases the institution has…
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25 JanuaryCooperatives & Communities
Nwoya cooperatives have scanty books of account
NWOYA– The majority of the cooperatives in Nwoya district lack proper audited books of account, something that has limited them to access loans from commercial banks and other financial institutions, district officials…
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25 JanuaryDevelopment
Gov’t urged to pay contractors
KAMPALA-Government has been urged to prioritise funds meant for the payment of contractors hired by Uganda National Roads Authority [UNRA] if financial hemorrhage is to be avoided. As of 27 September 2022,…
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25 JanuaryNews
Ministers asked to present statement on Entebbe Airport extortions
KAMPALA-The Ministers for Works and Internal Affairs have been directed to present a joint statement to the House on allegations of extortions taking place at Entebbe International Airport. The directive by Deputy…
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24 JanuaryDevelopment
Arua district official upset as members flee SACCOs
ARUA – Arua district commercial officer, John Ezuma is concerned that some people in the district are forming SACCOs with the intention to receive government money, share it amongst themselves and then…
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24 JanuaryEnvironment
Partners use carbon credits to promote growing of bamboo in Acholi
GULU-Eco-ways Uganda and Tree Nation, all concerned with environmental conservation, have partnered to introduce the commercial planting of bamboo in Acholi Sub-region under the carbon credit programme. The 25-year partnership will see…
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24 JanuaryCooperatives & Communities
MP Ogwal pledges more financial support for Dokolo VSLAs
DOKOLO-The Dokolo district Woman Member of Parliament, Cecilia Atim Ogwal has pledged to continue rendering financial support to the Village Savings and Loan Associations [VSLAs] in the district so that they are…
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24 JanuaryEast Africa
SACCO members, officials face off over savings
NAIROBI-It took the intervention of the police to calm the ugly situation as Members of B -Smart Sacco Limited in Nairobi City stormed the offices of the Sacco days ago, demanding that…
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